Casualty Underwriter, FAC Reinsurance

AIG Insurance; Dubai; On-site; AED 257,000 - 368,000; Full time

Job summary

A leading global insurance firm based in Dubai is seeking a Senior Underwriter Casualty to manage risk and underwriting for casualty products. The role involves profitable underwriting, generating new business, and maintaining broker relationships. Candidates should possess a bachelor's degree and relevant territory management experience. AIG prioritizes in-person collaboration within an inclusive culture, fostering professional development and strong interpersonal relationships.

Benefits

Comprehensive benefits package

Professional development opportunities

Qualifications

• Bachelors Degree is required.
• Territory management experience related to the insurance industry is necessary.
• Training in negotiations skills and time management is preferred.
• Thorough knowledge of the Property & Casualty industry required.

Responsibilities

• Effectively underwrite and promote all Liabilities Group products.
• Responsible for profitable underwriting of new business and renewals.
• Generate new business from existing producers.

Skills

Territory management experience

Negotiation skills

Time management

MS Word

MS Excel

MS PowerPoint

MS Outlook

Knowledge of Property & Casualty industry

Education

Bachelor's Degree

Job description

Job Description- Casualty Underwriter FAC Reinsurance

At AIG we are reimagining the way we help customers to manage risk. Join us as a Senior Underwriter Casualty to play your part in that transformation. Its an opportunity to grow your skills and experience as a valued member of the team.

Make your mark in Underwriting

AIG underwriting teams help to find insurance solutions in areas including Financial Lines Property Casualty Specialty Lines Cyber Multinational Clients and High Net Worth individuals. We are reimagining how we help customers to manage risk transforming our operating model and reshaping our role responsibilities and career pathways. The goal is to unlock the full potential in each colleague empowering our people to grow as insurance professionals and add more value to our customers and AIG.

How you will create an impact

• Effectively and profitably underwrite market sell and promote all Liabilities Group products.
• Responsible for the profitable underwriting of new business production and renewal retention of Casualty products for assigned territory developed through Brokers Direct Clients and Business Development Managers.

What you’ll need to succeed

• Qualifications and Education: Bachelors Degree
• Experience: Territory management experience related to the insurance industry
• Training: Preferably completed negotiations skills and time management training
• Knowledge: Has a thorough knowledge of the Property & Casualty industry. Advanced skills in MS Word Excel Power Point and Outlook.

Job Accountabilities

• Lead EIL strategies for GCC\&NA and ensure successful implementation of business plan including achieving budget marketing and profitable underwriting.
• Achieve new business and retention targets for Africa geography.
• Provide sound underwriting decisions exhibit flexibility and price risks to achieve established profit goals for the company. Provide feedback on renewal loss ratios that exceed permissible. Identify poor performing accounts.
• Work independently to evaluate and analyze submissions apply underwriting guidelines/business practices and make an underwriting decision.
• Maintaining broker/client relationships. Generate new business from existing producers and up-sell current accounts.
• Ensure that all casualty pricing tools are being used correctly and that all casualty quotes binders and policies are issued in accordance with regulatory and corporate policies.
• Adhere to underwriting authority & underwriting guidelines reference in the AIG Casualty Intranet site. Ensuring that all underwriting decisions are documented in the underwriting file.
• Ensure the tracking of all Casualty Accounts of AIG UAE
• Ensure timely update of eStart and other tracking tools
• Ensure timely booking of all policies
• Other tasks that may be deemed necessary as per the Casualty requirements.

Communication and Working Relationships

Internal

Collaborates with other team members of the Casualty department and peer under writers within Commercial Lines.

Develops strong interpersonal relationships with assigned countries and their employees.

External

• To foster positive business relationships with producers and clients.

Key Competencies

Demonstrate good business management skills in planning organizational ability decision-making and priority setting with superior time management skills.

Ability to work independently self-manages organizes and prioritizes work with minimal direction from superiors. Perform multi tasks simultaneous and shift focus quickly.

Ability to establish trust and effective working relationships with team filed offices and producers.

Integrity image communication skills interpersonal skills at an established high professional level.

Commitment to maintain and develop underwriting skills and technical knowledge.

At AIG we value in-person collaboration as a vital part of our culture which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive connected environment for our team and clients alike.

Enjoy benefits that take care of what matters

At AIG our people are our greatest asset. We know how important it is to protect and invest in whats most important to you. That is why we created our Total Rewards Program a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health wellbeing and financial securityas well as your professional developmentto bring peace of mind to you and your family.

Reimagining insurance to make a bigger difference to the world

American International Group Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the worlds most far-reaching property casualty networks. It is an exciting time to join us across our operations we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG you can go further to support individuals businesses and communities helping them to manage risk respond to times of uncertainty and discover new potential. We invest in our largest asset our people through continuous learning and development in a culture that celebrates everyone for who they are and what they want to become.

Welcome to a culture of inclusion

We’re committed to creating a culture that truly respects and celebrates each others talents backgrounds cultures opinions and goals. We foster a culture of inclusion and belonging through learning cultural awareness activities and Employee Resource Groups (ERGs). With global chapters ERGs are a cornerstone for our culture of inclusion. The talent of our people is one of AIGs greatest assets and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.

AIG provides equal opportunity to all qualified individuals regardless of race color religion age gender gender expression national origin veteran status disability or any other legally protected categories.

AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities. If you believe you need a reasonable accommodation please send an email to .

Functional Area

UW – Underwriting – AIG MEA Limited